- EUR/USD is trading at three-day lows on USD strength.
- The level to beat for sellers is the 1.0940 support.
EUR/USD daily chart
On the daily chart, the common currency is trading in a bear trend below its main daily simple moving averages (DSMAs). The Greenback is gaining some strength on the back of better market mood, sending EUR/USD to three-day lows.
EUR/USD four-hour chart
EUR/USD 30-minute chart
EUR/USD is trading below the 1.0960 level and the main SMAs, suggesting a bearish bias in the near term. Immediate resistance is seen at the 1.0960/75 price levels and the 1.1000 handle, according to the Technical Confluences Indicator.